Want to be in the loop?
subscribe to
our notification
Business News
CONSTRUCTION STARTS ON OVER 36,000 SOCIAL HOUSING UNITS IN JAN-APR

An aerial view of a social housing complex in HCMC - PHOTO: LE VU
HCMC – Vietnam started work on 40 social housing projects with a combined 36,590 units in the first four months of 2026, the Ministry of Construction said, as authorities seek to boost affordable housing supply amid rising urban demand.
The Government has set a target of completing more than 158,700 social homes this year under Resolution No. 07/NQ-CP, issued in January.
A total of 226 social housing projects comprising 228,725 units are now under development nationwide, equivalent to 144% of the Government’s assigned target, the ministry said. So far, 5,426 units have been completed.
Twenty five provinces and cities have already met or exceeded their 2026 project launch targets, including Haiphong, Hue, Danang, Can Tho, Quang Ninh and Dong Nai.
Despite the progress, the Ministry of Construction also pointed to several shortcomings and bottlenecks affecting implementation progress in some localities. In certain areas, authorities have not given sufficient attention to the issue or allocated adequate resources for compensation and resettlement support, resulting in a shortage of cleared land for project development.
To ensure the achievement of the 2026 targets, the construction minister has asked leaders of city/provincial people’s committees to focus on implementing key solutions in a coordinated manner.
Local authorities were requested to work directly with developers to clarify timelines for projects scheduled for completion this year and ensure they are finished by December 31, 2026.
For delayed projects, authorities were urged to proactively resolve problems, apply modern technologies to shorten construction time, and prioritize administrative procedures under special mechanisms.
Source: The Saigon Times
Related News
HÀ NỘI'S BUSINESSES URGE ACTION ON CAPITAL, LOGISTICS BOTTLENECKS TO BOOST EXPORTS
Business associations and enterprises in Hà Nội have urged the city to tackle bottlenecks in financing, logistics, infrastructure and regulations to improve competitiveness, expand production and support export growth, as the capital seeks to sustain double-digit economic expansion. Mạc Quốc Anh, vice chairman and secretary general of the Hanoi Association of Small and Medium Enterprises (Hanoisme), said exports were not simply about selling goods overseas but also reflected a company's production capacity, management, ability to meet international standards and reputation.
PORT THROUGHPUT IN HẢI PHÒNG EXCEEDS EIGHT-MONTH TARGET
Ports in the northern city of Hải Phòng handled an estimated 134.34 million tonnes of goods in the first eight months of 2026, exceeding the eight-month target of 115 million tonnes by 16.8 per cent and rising 11.74 per cent year on year, equivalent to 56.2 per cent of the full-year plan. The strong performance followed a series of measures to optimise port capacity and improve the competitiveness of the city’s seaport system, with a focus on maximising the efficiency of the Lạch Huyện international gateway port as new berths came into operation.
LÂM ĐỒNG BUILDS TRANSPORT INFRASTRUCTURE AS FOUNDATION FOR GROWTH
With its mountains, highlands and long coastline brought together under one administrative roof, the enlarged Lâm Đồng is now Việt Nam’s largest province by area – and a place where stronger transport links could help turn its diverse economic strengths into a more integrated engine of growth. Against this backdrop, the province is prioritising an integrated transport network to strengthen regional connectivity, expand development space and lay the foundation for sustainable socio-economic growth.
VIETNAM LOGISTICS COSTS ACCOUNT FOR 16 PER CENT OF GDP
Speaking at a logistics conference on August 26, Ho Thi Quyen, deputy director of the Ho Chi Minh City Investment and Trade Promotion Centre, said that Vietnam is now home to more than 34,000 logistics companies, with the sector contributing around 4.5-5 per cent of GDP. However, logistics costs remain high at approximately 16 per cent of GDP.
DOMESTIC DEMAND DRIVES STEEL GROWTH AS CONSTRUCTION GATHERS PACE
The steel industry recorded double-digit growth in both production and sales in the first seven months of 2026, while export remained more subdued, highlighting the increasing importance of domestic demand as public investment and construction activity expand. According to the World Steel Association, Việt Nam produced around 15.2 million tonnes of crude steel in the first half of 2026, up 26.9 per cent year-on-year, keeping the country among the world's 10 largest steel producers.
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN AUGUST OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
























